Ethereum

Solana

Bitcoin

Base

<div class="code-block-grte code-block-grte-16" style="margin: 8px auto; text-align: center; display: block; clear: both;"> 
 <table style="width: 100%; border-collapse:"> 
  <tbody> 
   <tr> 
    <td style="width: 100%; text-align: left;"><a href="https://en.coinotag.com/altcoin-exchange-1333421/" target="_blank" rel="noopener"><strong><span style="color: #000000;">Before you reading,<br><span style="color: #e67e22;">Don't miss coins like PEPE again! Click here to find new PEPEs!</span></span></strong></a></td> 
   </tr> 
  </tbody> 
 </table>
</div> 
<ul> 
 <li>Long-term Ethereum holders are showing unprecedented inactivity, suggesting a strong ‘HODL’ sentiment within the community.</li> 
 <li>Despite this, Ethereum is attracting a record influx of new users, potentially fueled by the Base Layer 2 solution and Dencun upgrade.</li> 
 <li>Ethereum’s active supply dynamics differ from Bitcoin, which is seeing a resurgence in activity among long-term holders.</li> 
</ul> 
<p><strong>Discover why Ethereum’s user base is transforming, with a decline in activity among long-term holders coinciding with a spike in new addresses. Explore the potential factors driving this shift.</strong></p> 
<h2 id="strong-long-term-ethereum-holders-opt-for-inactivity-strong"><strong>Long-Term Ethereum Holders Opt for Inactivity</strong></h2> 
<p>Data reveals a significant decline in activity among long-term Ethereum (ETH) holders. Key metrics, including the one-year active supply, have hit historic lows, indicating a widespread trend of holding rather than transacting.</p> 
<h3 id="strong-ethereum-vs-bitcoin-diverging-trends-strong"><strong>Ethereum vs. Bitcoin: Diverging Trends</strong></h3> 
<p>Unlike Ethereum, Bitcoin (BTC) has witnessed a revival in activity among long-term holders. After an initial dip, Bitcoin’s one-year active supply has steadily recovered. This contrast highlights the unique dynamics currently at play within each cryptocurrency’s network.</p> 
<h3 id="strong-new-users-drive-ethereum-network-activity-strong"><strong>New Users Drive Ethereum Network Activity</strong></h3> 
<p>Despite the inactivity among long-term holders, the Ethereum network is experiencing an extraordinary influx of new addresses. This surge, possibly driven by the launch of Base and the Dencun upgrade (with its focus on lowering Layer 2 costs), is propelling overall network activity.</p>
<div class="code-block-grte code-block-grte-15" style="margin: 8px auto; text-align: center; display: block; clear: both;"> 
 <table style="width: 100%; border-collapse:"> 
  <tbody> 
   <tr> 
    <td style="width: 100%; text-align: left;"><a href="https://en.coinotag.com/altcoin-exchange-1333421/" target="_blank" rel="noopener"><strong><span style="color: #000000;">TRUSTED BY COINOTAG,<br><span style="color: #e67e22;">Did you missed $MEME, $PEPE or Bitcoin? No worries! Click here to sign up chosen altcoin exchange!</span></span></strong></a></td> 
   </tr> 
  </tbody> 
 </table>
</div> 
<h3 id="strong-conclusion-strong"><strong>Conclusion</strong></h3> 
<p>Ethereum’s ecosystem is undergoing a fascinating transformation. The decline in activity among long-term holders suggests confidence in ETH’s future, while the surge in new users signals growing adoption and potential network expansion. It remains to be seen how these trends will shape Ethereum’s long-term trajectory.</p>
<div class="code-block-grte code-block-grte-14" style="margin: 8px auto; text-align: center; display: block; clear: both;"> 
 <table style="width: 100%; border-collapse:"> 
  <tbody> 
   <tr> 
    <td style="width: 100%; text-align: left;"><a href="https://en.coinotag.com/altcoin-exchange-1333421/" target="_blank" rel="noopener"><strong><span style="color: #000000;"> AR' YA WINNING SON?<br><span style="color: #e67e22;">Don't miss Solana Tokens and BRC-20 Tokens! Click here to find new AI coins!</span></span></strong></a></td> 
   </tr> 
  </tbody> 
 </table>
</div>

Ethereum Activity Shifts: New Users Surge, Long-Term Holders Less Active

Table of Contents

CO NEWS

Other articles published on Apr 7, 2024

Best Decentralized Projects: SHIB & DOGE Investors Join Cutting-edge DeFi Platform After $3.7M Pr...

Super Mario Maker Community Achieves the Impossible on Eve of Server Shutdown

After Polkadot and Polygon’s Decline, Raboo (RABT) Emerges as the Next Crypto To Explode

Analytics Company Reveals 8 Altcoins for Traders to Watch Out For This Week

Best Cryptocurrency to Invest in Right Now April 7 – Kaspa, ORDI, Core

Early Believers In $NFTFN Foresee Surpassing DOGE And Dogwifhat In Market Impact

Join our free newsletter for daily crypto updates!